Throughout accounting and finance courses students are taught how to solve time value of money problems so that financing and investing decisions made by companies result in successful operations.  Before the advent of readily available personal computers and spreadsheet software, students were taught to solve time value of money problems using factors from present value and future value tables.  The process has always seemed cumbersome and limited by the number of periods and number of interest rates shown in the tables.  In the current study, we reviewed finance and accounting texts to determine the pedagogy used to teach the solutions to time value of money problems. We believe the emphasis should be placed on the ability of the students to develop time lines of the cash flows and to prove the results of the various applications that determine the present or future value of cash flows.